Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.
Outlined bar is the consensus estimate; solid is reported.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| Q2 26 | -$0.04 | $0.2 | +600.0% | — | $33.9M | — |
| Q1 26 | -$0.19 | -$0.09 | +52.6% | — | $22.5M | — |
| Q4 25 | -$0.11 | -$0.03 | +72.7% | — | $26.6M | — |
| Q3 25 | -$0.2 | $0.03 | +115.0% | — | $32M | — |
| Q2 25 | -$0.22 | -$0.05 | +77.3% | — | $26.1M | — |
| Q1 25 | -$0.24 | -$0.07 | +70.8% | — | $21.1M | — |
| Q4 24 | -$0.48 | -$0.07 | +85.4% | — | $20.5M | — |
| Q3 24 | -$0.24 | $0.03 | +112.5% | — | $22.1M | — |
| Q1 24 | -$0.14 | -$0.39 | -178.6% | — | $14.8M | — |
| Q4 23 | -$0.04 | -$0.12 | -200.0% | — | $21M | — |
| Q3 23 | -$0.36 | -$0.7 | -94.4% | — | $9.2M | — |
| Q2 23 | -$0.37 | -$0.56 | -51.4% | — | $13.1M | — |
| Q1 23 | -$0.09 | -$0.08 | +11.1% | — | $10.7M | — |
| Q4 22 | -$0.15 | -$0.14 | +6.7% | — | $12M | — |
| Q3 22 | -$0.14 | -$0.17 | -21.4% | — | $17.4M | — |
| Q2 22 | -$0.2 | -$0.16 | +20.0% | — | $18.3M | — |
Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| FY25 | — | -$2.31 | — | — | $105.7M | — |
| FY24 | — | -$1.57 | — | — | $78.1M | — |
| FY23 | — | -$4.53 | — | — | $54M | — |
| FY22 | — | -$9.94 | — | — | $69.2M | — |
| FY21 | — | -$15.8 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $75.4M | $75.8M | $69.2M | $54M | $78.1M | $105.7M |
| YoY change | — | +0.58% | -8.76% | -22% | +44.5% | +35.4% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 75.4M | 75.8M | 69.2M | 54M | 78.1M | 105.7M |
| Cost of revenue | 39.5M | 40.8M | 45.9M | 31.4M | 38.7M | 52.2M |
| Gross profit | 35.9M | 35.1M | 23.3M | 22.6M | 39.3M | 53.5M |
| Gross margin | 47.6% | 46.2% | 33.7% | 41.8% | 50.4% | 50.6% |
| Research & development | 10.5M | 21.4M | 27.9M | 10.3M | 9.8M | 14.1M |
| Selling, general & administrative | 32.4M | 69.4M | 80M | 40.9M | 49.7M | 47.7M |
| Operating expenses | 42.9M | 90.8M | 107.9M | 51.2M | 59.5M | 61.8M |
| Operating income | -7M | -55.8M | -84.6M | -28.6M | -20.2M | -8.3M |
| Operating margin | -9.27% | -73.6% | -122.3% | -53% | -25.9% | -7.81% |
| Non-operating income, net | -2.1M | 12M | 6.4M | -1.1M | 9.4M | -28M |
| Pretax income | -10.5M | -71.7M | -79.3M | -32.9M | -12.5M | -39.6M |
| Income tax | 20K | 31K | 29K | 10K | 54K | 28K |
| Net income | -10.5M | -71.7M | -79.3M | -32.9M | -12.5M | -39.7M |
| Net margin | -14% | -94.5% | -114.6% | -60.9% | -16.1% | -37.5% |
| EBITDA | -6.3M | -55M | -81.9M | -26.6M | -18.8M | -9.1M |
| EPS | -6.58 | -15.8 | -9.94 | -4.53 | -1.57 | -2.31 |
| Diluted EPS | -6.58 | -15.8 | -9.94 | -4.53 | -1.57 | -2.31 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.2M | 21M | 14.8M | 20.7M | 22.1M | 20.5M | 21.1M | 26.1M | 32M | 26.6M | 22.5M | 33.9M |
| Cost of revenue | 5.9M | 11.1M | 8.2M | 10.4M | 10.6M | 9.5M | 9.8M | 12.7M | 15.8M | 13.9M | 10.2M | 12M |
| Gross profit | 3.3M | 9.9M | 6.5M | 10.3M | 11.5M | 11M | 11.3M | 13.4M | 16.2M | 12.6M | 12.2M | 21.8M |
| Gross margin | 36.3% | 47% | 44.4% | 49.5% | 52.2% | 53.5% | 53.7% | 51.3% | 50.6% | 47.6% | 54.5% | 64.4% |
| Research & development | 2.4M | 2.3M | 2.3M | 2.4M | 2.6M | 2.5M | 2.9M | 3.8M | 3.8M | 3.6M | 4M | 4.6M |
| Selling, general & administrative | 8.8M | 10.7M | 9.9M | 10.1M | 13.8M | 15.8M | 11.1M | 11.5M | 11.2M | 13.9M | 13.8M | 15.5M |
| Operating expenses | 11.2M | 13M | 12.3M | 12.5M | 16.4M | 18.4M | 14M | 15.3M | 15M | 17.5M | 17.7M | 20.1M |
| Operating income | -7.9M | -3.1M | -5.7M | -2.2M | -4.8M | -7.4M | -2.7M | -1.9M | 1.2M | -4.9M | -5.5M | 1.7M |
| Operating margin | -85.8% | -14.7% | -39% | -10.8% | -21.8% | -36.2% | -12.7% | -7.36% | 3.8% | -18.4% | -24.5% | 5.14% |
| Non-operating income, net | 2.4M | -3.6M | 9.2M | 1.1M | -677K | -235K | 6.7M | -34.7M | 3.8M | -3.7M | 2.8M | -1.6M |
| Pretax income | -5.6M | -6.9M | 3.3M | -1.1M | -5.6M | -9M | 3M | -37.6M | 4.1M | -9.2M | -3.3M | -610K |
| Income tax | 0 | 5K | 0 | 22K | 0 | 32K | 12K | 33K | 9K | -26K | 7K | 10K |
| Net income | -5.6M | -6.9M | 3.3M | -1.1M | -5.6M | -9.1M | 3M | -37.6M | 4.1M | -9.2M | -3.3M | -620K |
| Net margin | -61.4% | -33% | 22.2% | -5.54% | -25.4% | -44.2% | 14.3% | -144.4% | 12.9% | -34.6% | -14.9% | -1.83% |
| EBITDA | -7.4M | -2.6M | -5.3M | -2.8M | -4.6M | -7.2M | -2.5M | 33M | 934K | -5.7M | -5.1M | 2.6M |
| EPS | -0.84 | -0.97 | 0.15 | -0.3 | -0.61 | -0.63 | 0.11 | -2.37 | 0.17 | -0.39 | -0.15 | -0.05 |
| Diluted EPS | -0.84 | -0.97 | -0.51 | -0.3 | -0.61 | -0.63 | 0.11 | -2.37 | -0.06 | -0.39 | -0.25 | -0.05 |
Annual history by fiscal year; click a table row below to chart a different metric.
Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | 227.6M | — | — | 43.7M | — | — | 149.3M |
| Enterprise value | 239.5M | — | — | 42.4M | — | — | 149.1M |
| Shares outstanding | 1.6M | 4.5M | 8M | 8.3M | 11M | 18.1M | 18.1M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -2.21 |
| P/S | 3.02 | — | — | 0.81 | — | — | 1.31 |
| P/B | -10.9 | — | — | -1.47 | — | — | 6.36 |
| EV/EBITDA | -38 | — | — | -1.59 | — | — | -19.1 |
| EV/Sales | 3.18 | — | — | 0.78 | — | — | 1.3 |
| Earnings yield | — | — | — | — | — | — | -45.3% |
| FCF yield | -0.52% | — | — | -54% | — | — | -7.32% |
| PEG | — | — | — | — | — | — | 0.02 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 47.6% | 46.2% | 33.7% | 41.8% | 50.4% | 50.6% | 64.4% |
| Operating margin | -9.27% | -73.6% | -122.3% | -53% | -25.9% | -7.81% | 5.14% |
| Net margin | -14% | -94.5% | -114.6% | -60.9% | -16.1% | -37.5% | -8.44% |
| ROE | 50.5% | -129.9% | 746% | 110.9% | 74.6% | -111.9% | -118.1% |
| ROA | -26.2% | -51.2% | -136.5% | -74.6% | -25.3% | -46.3% | -6.42% |
| ROIC | 77.7% | 239.1% | 1.5K% | 92.3% | 79.7% | -63.4% | -29.8% |
| Return on tangible assets | -27% | -52.5% | -148.2% | -82.9% | -26.4% | -47.9% | -10.1% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 0.8 | 1.97 | 0.77 | 0.89 | 1.27 | 1.85 | 1.64 |
| Quick ratio | 0.63 | 1.71 | 0.49 | 0.74 | 0.98 | 1.51 | 1.35 |
| Debt / equity | -1.39 | 0.3 | -1.52 | -0.51 | -0.7 | 0.37 | 0.46 |
| Debt / assets | 0.72 | 0.12 | 0.28 | 0.34 | 0.24 | 0.15 | 0.18 |
| Net debt / EBITDA | -1.88 | 1.43 | -0.06 | 0.05 | 0.46 | 2.47 | 1.92 |
| Interest coverage | -6.6 | -1.58 | -70.8 | -9.31 | -6.66 | -10.6 | -2.18 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 47.2 | 16.8 | 8.7 | 6.53 | 7.13 | 5.84 | 4.71 |
| EPS (basic) | -6.58 | -15.8 | -9.94 | -4.53 | -1.57 | -2.31 | -2.31 |
| EPS (diluted) | -6.58 | -15.8 | -9.94 | -4.53 | -1.57 | -2.31 | -0.3 |
| Book value per share | -13 | 12.2 | -1.34 | -3.59 | -1.54 | 1.96 | 0.8 |
| FCF per share | -0.74 | -9.43 | -10.4 | -2.85 | -1.09 | -0.65 | -0.35 |
| Cash per share | 10.6 | 21.1 | 1.41 | 2 | 1.85 | 1.96 | 1.06 |
| Capex per share | 0.6 | 0.21 | 0.08 | 0 | 0 | 0.03 | 0.04 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.28% | 1.28% | 0.92% | 0.03% | 0.04% | 0.53% | 1.01% |
| Capex / operating cash flow | -64.1% | -4.95% | -0.75% | -0.06% | -0.87% | -5.15% | -15% |
| Payout ratio | — | — | — | — | — | — | 0% |
| — |
| $75.8M |
| — |
| FY20 | — | -$6.58 | — | — | $75.4M | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $9.2M | $21M | $14.8M | $20.7M | $22.1M | $20.5M | $21.1M | $26.1M | $32M | $26.6M | $22.5M | $33.9M |
| YoY change | -47.1% | +75.7% | +37.4% | +58.2% | +140.9% | -2.47% | +43.1% | +25.9% | +44.6% | +29.6% | +6.41% | +29.9% |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 17M | 95.1M | 11.2M | 16.6M | 20.2M | 35.5M |
| Receivables | 10.5M | 10.5M | 16M | 14M | 12.1M | 22.9M |
| Inventory | 7.9M | 18M | 18.5M | 6.5M | 10.5M | 15.3M |
| Total current assets | 37.6M | 135.8M | 51.3M | 39.9M | 46.1M | 81.9M |
| Property, plant & equipment | 1.7M | 1.9M | 3.4M | 1.3M | 240K | 364K |
| Goodwill & intangibles | 1.2M | 3.4M | 4.6M | 4.4M | 1.9M | 2.8M |
| Total assets | 40.1M | 140M | 58.1M | 44.1M | 49.5M | 85.6M |
| Accounts payable | 16.4M | 27.8M | 30.4M | 13.7M | 11.3M | 12M |
| Short-term debt | 18.7M | 8.5M | 15M | 15.2M | 7.4M | 10.6M |
| Total current liabilities | 47.3M | 69.1M | 66.6M | 45.1M | 36.4M | 44.2M |
| Long-term debt | 10.2M | 8M | 1.2M | 22K | 4.3M | 2.5M |
| Total liabilities | 60.9M | 84.9M | 68.7M | 73.8M | 66.3M | 50.2M |
| Shareholders' equity | -20.8M | 55.2M | -10.6M | -29.7M | -16.8M | 35.5M |
| Total debt | 28.8M | 16.5M | 16.2M | 15.2M | 11.7M | 13M |
| Net debt | 11.8M | -78.5M | 5M | -1.3M | -8.5M | -22.4M |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 15.2M | 16.6M | 18.4M | 15.4M | 21.5M | 20.2M | 16.3M | 21.8M | 23.8M | 35.5M | 35.5M | 30.9M |
| Receivables | 9.4M | 14M | 11.6M | 16.9M | 17.2M | 12.1M | 16.5M | 24.4M | 28.6M | 22.9M | 19.9M | 33.1M |
| Inventory | 11M | 6.5M | 7.7M | 8.1M | 10.6M | 10.5M | 11.8M | 11.4M | 14.5M | 15.3M | 18.2M | 15.7M |
| Total current assets | 37.5M | 39.9M | 40M | 42.5M | 52.3M | 46.1M | 48.4M | 60.7M | 71.6M | 81.9M | 82.5M | 88.3M |
| Property, plant & equipment | 1.8M | 1.3M | 865K | 410K | 219K | 240K | 208K | 282K | 372K | 364K | 720K | 826K |
| Goodwill & intangibles | 4.4M | 4.4M | 4.4M | 4.4M | 1.7M | 1.9M | 2.1M | 2M | 2.4M | 2.8M | 3.5M | 4M |
| Total assets | 42.3M | 44.1M | 43.8M | 45.9M | 56.1M | 49.5M | 51.4M | 63.5M | 74.9M | 85.6M | 86.8M | 93.6M |
| Accounts payable | 18.4M | 13.7M | 16.1M | 17.5M | 11.5M | 11.3M | 12.7M | 12.9M | 17.7M | 12M | 11.8M | 12.1M |
| Short-term debt | 11.7M | 15.2M | 11.2M | 11.8M | 10.3M | 7.4M | 10.1M | 17.2M | 22M | 10.6M | 16.8M | 17.1M |
| Total current liabilities | 41.1M | 45.1M | 39.5M | 42.1M | 35.7M | 36.4M | 40.7M | 52.8M | 62.9M | 44.2M | 48.1M | 53.8M |
| Long-term debt | 572K | 22K | — | — | 4.6M | 4.3M | 3.8M | 3.4M | 2.9M | 2.5M | 1.9M | — |
| Total liabilities | 74.2M | 73.8M | 76.8M | 79.3M | 73.3M | 66.3M | 63.4M | 108M | 113.5M | 50.2M | 50.9M | 54.7M |
| Shareholders' equity | -32M | -29.7M | -32.9M | -33.4M | -17.1M | -16.8M | -12M | -44.5M | -38.6M | 35.5M | 35.8M | 38.8M |
| Total debt | 12.3M | 15.2M | 11.2M | 11.8M | 14.9M | 11.7M | 13.9M | 20.5M | 24.9M | 13M | 18.8M | 17.1M |
| Net debt | -2.9M | -1.3M | -7.2M | -3.5M | -6.6M | -8.5M | -2.4M | -1.3M | 1.2M | -22.4M | -16.7M | -13.9M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -10.5M | -71.7M | -79.3M | -32.9M | -12.5M | -39.7M |
| Depreciation & amortization | 873K | 1.1M | 2.7M | 2.2M | 1.4M | 590K |
| Stock-based compensation | 1.1M | 4.3M | 12.9M | 9.9M | 8.6M | 9.3M |
| Change in working capital | 6.7M | 19.9M | -21.4M | -8M | -2.5M | -9.7M |
| Operating cash flow | -1.5M | -19.6M | -84.3M | -28.6M | -4M | -10.8M |
| Capital expenditure | -967K | -969K | -636K | -16K | -35K | -556K |
| Investing cash flow | -967K | -969K | -636K | -16K | -35K | -556K |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | -5.2M | 99.4M | -40.9M | -67.9M | -36.3M | -44.6M |
| Net change in cash | -7.7M | 78.9M | -125.8M | -96.6M | -40.3M | -56M |
| Free cash flow | -1.2M | -42.6M | -82.9M | -23.6M | -12M | -11.7M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -5.6M | -6.9M | 3.3M | -1.1M | -5.6M | -9.1M | 3M | -37.6M | 3.4M | -9.2M | -3.3M | -530K |
| Depreciation & amortization | 525K | 489K | 465K | 469K | 266K | 181K | 148K | 151K | 197K | 165K | 185K | 211K |
| Stock-based compensation | 2.2M | 2.3M | 2.2M | 2.1M | 2.7M | 1.6M | 1.7M | 1.6M | 1.4M | 4.8M | 3.5M | 3.2M |
| Change in working capital | 303K | -1.3M | 362K | -3.9M | -7.1M | 8.6M | -4.3M | -2.1M | -2M | -596K | -2.6M | -4.7M |
| Operating cash flow | -2.6M | -5.3M | 5.7M | -2.4M | -10.2M | 2.8M | 1.3M | -2.2M | -2.2M | -452K | -5M | -92K |
| Capital expenditure | -5K | -5K | 0 | -3K | 1K | -33K | -4K | 0 | -212K | -238K | -369K | -346K |
| Investing cash flow | -5K | -5K | 0 | -3K | 1K | -33K | -4K | 0 | -212K | -238K | -369K | -346K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -27.8M | -19.2M | -26.2M | -44.5M | -32.3M | 8.2M | -9.5M | -7.2M | -26.3M | -1.7M | -2.5M | -17.5M |
| Net change in cash | -30.4M | -24.5M | -20.5M | -46.9M | -42.5M | 11M | -8.2M | -9.4M | -28.7M | -2.4M | -8M | -17.9M |
| Free cash flow | -5.2M | -1.6M | -3.4M | -3.4M | -8.5M | 3.3M | -6M | -2.3M | -2.4M | -941K | -5.5M | -1M |